Summers Says This Is an 'Unprecedented Time' for the Fed
Youtube·2025-09-19 02:10
Chair problem more than once talked about how unusual the situation is because there are really conflicting risks here, both in inflation risk and unemployment risk at the same time. How unusual is that if you go back through history. Is that a really strange situation to face.Well, it's completely unprecedented for a member of the administration on leave to be a governor of the Fed. That's completely unprecedented. It's completely unprecedented for the president on a basis that many people regard as pretex ...